Latest in Tag: Switzerland Highlight
Latest in Tag: Switzerland
Culture of cooperation and common goals key to Germany’s victory: WEF
By Evline Meshreky A blog published by the World Economic Forum (Davos) attributed Germany’s success in football as well as economically to sustaining a culture of cooperation and common goals, and long-term policies to support those goals. The article relates the young average age in the German football team, 26.31, as opposed to 28.92 in …
World Cup 2014 – first knockout stage produces dramatic performances
The round of 16 has been played out and it did not disappoint, five out of eight ties went to extra time
World Cup 2014 – Goals galore in Brazil
The first week of the World Cup has produced some fantastic football; Daily News Egypt gives you a roundup of the best moments
Voting abroad extended by 24 hours
At least 258,000 expatriates had cast their vote by 3pm on Sunday
West struggles for winning formula on Russian sanctions
Some of the Western bankers, money managers and oil traders who help keep that money moving are unconvinced sanctions will have a truly significant effect.
Egypt and EU sign agreement for EU Election Observer Mission
EU head of delegation signs Memoranda of Understanding with PEC and foreign ministry
Regime to blame for most Syria abuses: UN rights chief
AFP – Syria must be held accountable for abuses against its people and those responsible should be hauled before the International Criminal Court, UN rights chief Navi Pillay said Tuesday. “Criminal justice must be seized. The UN Security Council must be able to unite around the simple idea that terrible crimes have been committed …
Fahmy offers Cairo as venue for Syria opposition talks
Syrian opposition and regime representatives exchange accusations in Geneva II opening statements
Egypt has repaid $700m to Paris Club: CBE
The Paris Club is comprised of 19 developed economies.
Egypt comes in third in friendly handball tournament
Egyptian Ali Zein is tournament’s top scorer
EIPR comments on new Swiss law to freeze, seize and recover smuggled assets
EIPR, as part of its work on issues related to the recovery of smuggled funds, obtained an Arabic translation of the new law, saying that it included discussion on all issues related to the freezing, seizure and recovery of assets deposited by foreign dictators.
Egyptian-Swiss cooperation to boost textiles sector
Shura Council requests Egypt’s ‘textiles sector receive increased subsidies for use in funding state infrastructure and small development projects’
Frozen Mubarak assets worth around $1bn
Britain and Switzerland cannot confirm exact amount belonging to former regime members and affiliates, saying investigations still ongoing
A daunting mission: Getting back Egypt’s stolen assets
Over the course of Hosni Mubarak’s rule, the illicit outflow of funds from Egypt are estimated at $132bn. After the January 2011 Revolution, countries such as Switzerland and the United Kingdom have been asked to freeze and repatriate Egypt’s stolen wealth. However, many legal, political and financial hindrances stand in the way. Daily News Egypt examines these hurdles and the efforts the Egyptian and foreign governments have exerted in order to recover these lost assets.
EIPR: New information about Gamal Mubarak’s assets
Gamal Mubarak could have used tax havens to launder money
Local militias reportedly committing massacres in Syria: UN
The groups were frequently described as Shabbiha militias and were reportedly being set up to protect their neighbourhoods against anti-government armed groups and criminal gangs.
Calls for independent asset recovery committee
EIPR: Independent committee would help ease the process of recovering Egyptian funds smuggled abroad
Egypt is not Somalia (it isn’t Switzerland, either)
The last two weeks were not a huge surprise. For some, it seems that the last couple of weeks were the result of a strategy by forces opposed to the presidency of Mohamed Morsi—that the violence was planned, arranged, and implemented. There is a corresponding logic to that line of thought—that had the violence not …
Prosecutor General renews calls for expatriation of Mubarak assets
Mubarak-era assets in Switzerland are frozen pending new law allowing for expatriation of funds
Swiss court rejects request to repatriate Egyptian funds
Despite court rejection, government has vowed it would be reviewing legislation to allow for repatriation
Asset Recovery Taskforce addresses repatriation of foreign funds
Taskforce says process will be lengthy, recovered funds will not ‘save economy’
Switzerland delays repatriating smuggled funds
The Federal Criminal Court of Switzerland denied representatives from the Egyptian government access to the file on the case against former regime members, saying that the “institutional situation of the country” was a significant factor in the ruling.
Egypt denied access to file on old regime money by Swiss court
Former regime members use current situation in Egypt to convince court to block access to the file by Egypt’s representatives
Switzerland to return $700 million frozen assets to Egypt
Funds to be returned after convictions secured for former regime members.
R&M launches new incentivized partnership program in Egypt
DUBAI: Reichle & De-Massari (R&M), the Swiss structured cabling specialist, announced the introduction of a new partnership program in Egypt which is specifically designed to enhance partners’ technical proficiency in R&M products and to boost their profitability. R&M MEA is implementing this new partner initiative in order to strengthen its channel in the region and …